Business
Latest Business Stories

Diesel prices seen rising anew on July 7

Headlines / Featured

Over 25 US execs coming to PH to scout prospects

Headlines / Featured

PH debt hits new peak at P18.55T

Headlines / Featured

Arthaland bets on Makati luxury market

Headlines / Featured

770-room Hotel101 rising in Bangkok

Business Insights
Foreign Exchange Rate
July 2, 2026
usd
1 USD = 61.6070
Currency Peso Equivalent
jpy
JPY
0.3791
gbp
GBP
81.8018
hkd
HKD
7.8547
chf
CHF
76.1332
CAD
CAD
43.3516
SGD
SGD
47.5657
AUD
AUD
42.4657
BHD
BHD
163.4702
Currency Peso Equivalent
SAR
SAR
16.4067
BND
BND
47.3827
IDR
IDR
0.0034
JPY
THB
1.8478
AED
AED
16.7761
EUR
EUR
70.1211
KRW
KRW
0.0397
CNY
CNY
9.0759
Index Report
Market CLOSED: Jul 3, 2026 3:58 PM
Index
Value
Chng%
PSEi
6,188.03
1.02
All Shares
3,370.94
0.83
Financials
1,908.40
1.22
Industrial
8,384.96
0.05
Holding Firms
4,448.01
2.27
Services
3,258.46
0.32
Mining and Oil
14,591.87
4.38
Property
1,896.86
1.29

Industries

DA earmarks P550M for national seed reserves

MANILA, Philippines – The government plans to invest about P550 million in the next two years to build national seed reserves in strategic locations across the country. This year, the...

Finance

PSEi climbs above 6,100 on bargain hunting

MANILA, Philippines – Local stocks extended their gains on Friday as bargain hunting and improving macroeconomic sentiment kept investors in buying mode. The benchmark Philippine Stock Exchange index (PSEi) climbed...

Consumer & Retail

Corporate gifting emerges as strategic business tool as buyers’ show opens largest edition

As businesses navigate an increasingly digital and competitive landscape, companies across the Philippines are rethinking how they build and sustain relationships, with many turning to…

Columns
ALL IN THE FAMILY

The Church and AI

Pope Leo on AI 

Do awards motivate business?

Michelin and the family restaurant

Tourism & Transportation

LRT 1 Common Station project gets green light

MANILA, Philippines – The long-delayed LRT 1 Common Station project has moved a step closer to construction after securing approval from the Investment Coordination Committee-Cabinet…

Foreign News

Foreign-currency loans in the Philippines slipped in Q1

MANILA, Philippines – Foreign currency loans granted by banks edged lower in the first quarter, a decline that came before the outbreak of conflict in…

Economy

PH’s upper-middle-income status: Milestone or mirage?

The Philippines has officially entered the World Bank’s upper-middle-income category, with its gross national income per capita reaching $4,850, exceeding the $4,636 threshold in the…

Communications

Globe to roll out Starlink satellite service

MANILA, Philippines – Globe Telecom Inc. has secured regulatory approval to roll out its direct-to-mobile satellite service with Elon Musk’s Starlink, becoming the first telecommunications…

Industry Movements

RCBC to waive InstaPay fees starting July 4

MANILA, Philippines – Rizal Commercial Banking Corp. (RCBC) is waiving InstaPay transfer fees on its digital banking app, becoming the latest lender to drop interbank…

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